Nova Scotia Community College

Transcription

1 Schedule of Employees with Compensation in Excess of $100,000 Nova Scotia Community College

2 KPMG LLP Chartered Accountants Suite 1500 Purdy s Wharf Tower I 1959 Upper Water Street Halifax NS B3J 3N2 Canada Telephone (902) Telefax (902) INDEPENDENT AUDITORS REPORT To the Board of Directors of the We have audited the accompanying schedule of employees with compensation in excess of $100,000 for the for the year ended March, 31, 2014 and notes, comprising a summary of significant accounting policies and other explanatory information (together the schedule ). The schedule has been prepared by management in accordance with the financial reporting provisions in section 3 of the Public Sector Compensation Disclosure Act dated December 10, Management s Responsibility for the Schedule Management is responsible for the preparation of the schedule in accordance with the financial reporting provisions in section 3 of the Public Sector Compensation Disclosure Act dated December 10, This includes determining that the basis of accounting is an acceptable basis for the preparation of the schedule in the circumstances, and for such internal control as management determines is necessary to enable the preparation of the schedule that is free from material misstatement, whether due to fraud or error. Auditors Responsibility Our responsibility is to express an opinion on this schedule based on our audit. We conducted our audit in accordance with Canadian generally accepted auditing standards. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the schedule is free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the schedule. The procedures selected depend on our judgment, including the assessment of the risks of material misstatement of the schedule, whether due to fraud or error. In making those risk assessments, we consider internal control relevant to the entity s preparation of the schedule in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the schedule. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. KPMG LLP is a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ( KPMG International ), a Swiss entity. KPMG Canada provides services to KPMG LLP.

3 Opinion In our opinion, the schedule of employees with compensation in excess of $100,000 for the Nova Scotia Community College for the year ended March 31, 2014 is prepared, in all material respects, in accordance with the financial reporting provisions in section 3 of the Public Sector Compensation Disclosure Act dated December 10, Basis of Accounting Without modifying our opinion, we draw attention to Note 1 to the schedule, which describes the basis of accounting. The schedule is prepared to meet the requirement of the Public Sector Compensation Disclosure Act dated December 10, As a result, the schedule may not be suitable for another purpose. Chartered Accountants June 20, 2014 Halifax, Canada

4 Schedule of Employees with Compensation in Excess of $100,000 Last Name First Name Compensation paid ($) Ahmad Allen Arsenault Baillie Barnes Barrett Bate Bing Boucher Boyle Bureaux Burke Byrne Clark Collins Colville Davies D'Entremont-Gray Dewey Dewey DiGiosia Edwards Farrell Farrell Foster Fougere Fox Freckelton Gauthier Gerrior Goyetche Gunn Abid Kathleen Audrey Stacey Douglas Glenda James Peter Russell Lisa Don Anna Janet Terrence (Craig) David Jane Marie Brian David Marco Laurie Hugh (Jim) Lorne (Ronald) Monica Michelle Carol David Roland Kevin Christena Tom $103,081 $113,173 $103,003 $100,379 $103,284 $103,535 $109,582 $102,148 $100,056 $101,913 $269,012 $112,608 $131,436 $101,963 $121,821 $131,420 $117,874 $102,335 $117,866 $102,051 $103,658 $159,041 $170,969 $101,569 $118,415 $121,332 $114,321 $107,109 $102,590 $121,332 1

5 Schedule of Employees with Compensation in Excess of $100,000 (Continued) Last Name First Name Compensation paid ($) Hammer Hammond Hicks Hiscock Huyer Ingraham Jacklin Jackson Jardine Jillings Johnston Jones Kelloway Kidney Kingston Krzywonos Kucey Lane Little Lowry MacDonald MacLean MacLellan MacLeod MacNeil MacNeil MacNeil Madeira-Voss Martin Richard Taralee Robert Constance Winston Stanley Virginia Donald Kevin (Kit) Lawrence Kenneth Michael Daniel Mike Ronald Tina Michael Dennis Lech Michelle Michelle Paul Claudine Patricia Catherine Marlene Ian Gordie Roy Isabel Kevin $102,616 $103,302 $119,839 $104,787 $104,372 $141,321 $105,163 $113,689 $104,246 $112,277 $142,168 $100,137 $124,699 $102,715 $103,444 $102,590 $180,263 $131,175 $121,333 $103,958 $164,222 $107,393 $107,773 $102,743 $140,520 $131,042 $121,332 2

6 Schedule of Employees with Compensation in Excess of $100,000 (Continued) Last Name First Name Compensation paid ($) McCormack McKellar McKillop McKnight Moore Murray-Sellars Muzzerall O'Neill Orr Pace Pereira Pothier Quinlan Reycraft Reyno Robichaud Rodger Rose Russell Sanford Sanford Schwartz Sherlock Sherman Spares Specht St-Amour Stanley Stewart Tawse Thompson Tilley Toomey Donald Scott Sheri Andrew Sharon James James Katherine Eugene Pramilla Mel Kevin Kirby Joy Ron Anne Anthony (Tony) Gregory Owen Susan Samuel Patrick Jadine Janet Wayne Sheila Andrea Mary Frederick Carolyn $121,333 $110,839 $128,547 $114,152 $106,826 $121,231 $112,826 $109,645 $103,309 $121,332 $100,131 $100,309 $100,046 $110,283 $102,143 $102,514 $100,333 $113,978 $132,714 $131,097 $112,826 $172,154 $121,736 $114,910 $102,982 3

7 Schedule of Employees with Compensation in Excess of $100,000 (Continued) Last Name First Name Compensation paid ($) White Wilms Withers Robert Karla Shelley $103,535 $106,520 $101,840 4

8 Notes to Schedule of Employees with Compensation in Excess of $100, Basis of accounting: The schedule of employees with compensation in excess of $100,000 has been prepared in accordance with the financial reporting provisions in section 3 of the Public Sector Compensation Disclosure Act dated December 10, 2010 (the Act ). The Act includes a definition of compensation in Section 2(b) as follows: "Compensation" is defined as the total amount or value of all cash and non-cash salary, wages, payments, allowances, bonuses, commissions and perquisites, other than a pension, pursuant to any arrangement, including an employment contract. Compensation includes, without restricting the generality of the foregoing, a) all overtime payments, retirement or severance payments, lump-sum payments and vacation payouts; b) the value of loan or loan-interest obligations that have been extinguished and of imputed-interest benefits from loans; c) long-term incentive plan earnings and payouts; d) the value of the benefit derived from vehicles or allowances with respect to vehicles; e) the value of the benefit derived from living accommodation provided or any subsidy with respect to living accommodation; f) payments made for exceptional benefits not provided to the majority of employees; g) payments for memberships in recreational clubs or organizations, and h) the value of any other payment or benefit prescribed in the regulations. Significant interpretations of the financial reporting provisions of the Act include: a) An employee is considered to be anyone to whom the issues a T4 slip and also includes contractors or consultants that are sole proprietors or incorporated individuals. 2. Significant accounting policy: Compensation: Compensation is determined in accordance with Section 3 of the Act and is recognized on a cash basis. 5